Evidently, Swedish supercar maker Koenigsegg was able to shake off its bad experience in trying to take over Saab long enough to build a new model for the Geneva show. The Koenigsegg Agera is designed to celebrate the company's 15th year of existence and to showcase the next level of performance beyond its CC (which made its debut in 1995) and CCX models.

The name Agera is the Swedish verb "to act" and there's plenty of action under the mid-car engine cover where a dry-sump 4.7-liter twin-turbo V-8 pumps out 910 bhp and 811 lb ft of torque, all on regular gas.

Evolving from the CC and CCX (it will be produced alongside these models), the Agera features identical front and rear tracks. The chassis is made of carbon-fiber and the engine is a semi-stressed member of the monocoque. The car is equipped with a transversely-mounted sequential paddle-shift transmission and carbon-ceramic brakes. The 2-seat mid-engine sports car features a removable hardtop, and the body itself is made of a Kevlar/carbon fiber composite panels.

Inside, Koenigsegg says it has developed a new kind of illumination called "Ghost Lighting" in which switches and controls are illuminated through the billet aluminum by way of invisible nanotubes. A central display screen is configurable to offer up a variety of information ranging from g-loads to a satellite-navigation map.

The new car is 169-in. long, stands 44.1 in. tall and is 78.6 in. wide. Weighing just over 2800 lb., the Agera has a power-to-weight ratio of approximately 1 horsepower for every 3 pounds. Koenigsegg expects blistering performance from the car including 0-100 km/h (62 mph) acceleration of just 3.1 seconds and a top speed of above 245 mph. Riding on 19-in. front and 20-in. rear wheels fitted with Michelin rubber, the Agera, says Koenigsegg, is expected to pull an astounding 1.6g on the skidpad. The company says it will phase the Agera into production over the next six months.